Companhia Siderurgica Nacional Stock Hits New 52-Week Low (SID)

NEW YORK ( TheStreet) -- Companhia Siderurgica Nacional (NYSE: SID) hit a new 52-week low Tuesday as it is currently trading at $7.02, below its previous 52-week low of $7.07 with 1.1 million shares traded as of 10:40 a.m. ET. Average volume has been 4.8 million shares over the past 30 days.

Companhia Siderurgica Nacional has a market cap of $10.88 billion and is part of the basic materials sector and metals & mining industry. Shares are down 12.5% year to date as of the close of trading on Monday.

Companhia Siderurgica Nacional primarily operates as an integrated steel producer in Brazil and Latin America. The company principally produces carbon steel and various steel products. The company has a P/E ratio of 7.2, above the average metals & mining industry P/E ratio of 5.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Companhia Siderurgica Nacional Ratings Report.

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